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Is Bitcoin Investment Trust a Bad Idea? Author Topic: Is Bitcoin Investment Trust a Bad Idea?  (Read 191067 times)

Offline Crypto

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Is Bitcoin Investment Trust a Bad Idea?
Is Bitcoin Investment Trust a Bad Idea?
« on: January 28, 2018, 10:10:53 AM »
Why is bitcoin investment trust a bad idea

Offline Crypto

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Is Bitcoin Investment Trust a Bad Idea?
Re: Is Bitcoin Investment Trust a Bad Idea?
« Reply #1 on: January 28, 2018, 10:16:33 AM »
Bitcoin Investment Trust is a bad way to think about the value of bitcoin.

The trust has roughly 0.092 bitcoins for every share exceptional. Theoretically, the trust should increase in price when bitcoin goes up, and drop in price when bitcoin falls.

In the actual, factors perform in a different way. Utilizing traditional data at the market close, I discover that Bitcoin Investment Trust and bitcoin move in a reverse way regularly from one market close to another

Offline Crypto

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Is Bitcoin Investment Trust a Bad Idea?
Re: Is Bitcoin Investment Trust a Bad Idea?
« Reply #2 on: January 28, 2018, 10:23:41 AM »
When the value of bitcoin higher, the trust's value improved only 66.5% of the time.

When the value of bitcoin dropped, the trust's value reduced only 68.8% of the time.

This means that if you purchase Bitcoin Investment Trust at market shut today and offer it at market shut the next day, there is a higher than one-in-three possibility that if bitcoin's value rises, you will be having a reduction. Obviously, this implies that often you can get blessed, generating a gain on the Bitcoin Investment Trust on a day bitcoin decreases in a price. That occurs instead often about one in eight investing times, generally.

Offline Crypto

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Is Bitcoin Investment Trust a Bad Idea?
Re: Is Bitcoin Investment Trust a Bad Idea?
« Reply #3 on: January 28, 2018, 10:33:44 AM »
The provide of Bitcoin Investment Trust stocks is reasonably regular, growing at a snail's speed as time passes. Requirement for its stocks can move hugely, on the other hand. On any provided time, this trust can list as the hottest supply at brokerages like TD Ameritrade and Constancy. When bitcoin rises, requirement for the trust usually comes after.


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